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According to which concept, depreciation...

According to which concept, depreciation is to be charged as per one particular method year after year?

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Concept of Consistency.
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Ms. Cherian purchased a boat for Rs 16000. If the total cost of the boat is depreciating at the rate of 5% per annum, calculate its value after 2 years.

DK GOEL-ACCOUNTING PRINCIPLES-HIGHER ORDER THINKING SKILLS (HOTS) QUESTIONS
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  19. A company has been charging depreciation @ 10% p.a. on original cost m...

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  20. Mohan, the owner of a business receives an order for supply of goods w...

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